And he forgot the interest of minimum Eur 1 bil
Also forgot that the money received from the Pepco IPO was used to pay debt which after deducting the Eur1 bil there was still the Eur 9,8 bil outsfanding debt,
Posted 13 February 2022 - 07:12 PM
And he forgot the interest of minimum Eur 1 bil
Posted 13 February 2022 - 07:02 PM
And he forgot the interest of minimum Eur 1 bil
Posted 13 February 2022 - 06:31 PM
Haha finally someone drinkng more green beer than me!
This will definatly affect KP7 technicals with the rich valuation.
A good post he atleast has committed and published his figures much better then the people that just waffle with no content!
Posted 13 February 2022 - 06:29 PM
Posted 13 February 2022 - 06:17 PM
A fresh assets calculation from the well-respected contributor on the German FB forum ... showing fair price at 38 eurocents. To be fair, I think nobody really knows as the dust is still settling & there are so many uncertainties - but good to provide an alternative to our resident fear-monger here haha.
Let's see where the market takes us the next few weeks.
Posted 13 February 2022 - 06:10 PM
The technical guys know exactly where the market is going and where buyers will show up again.
Nice clue was the JSE taking out the 27th Jan low on 2nd Feb and Franky didn’t……….Until Friday evening.
Keep manipulating me Mr. Market!
Posted 13 February 2022 - 05:57 PM
A fresh assets calculation from the well-respected contributor on the German FB forum ... showing fair price at 38 eurocents. To be fair, I think nobody really knows as the dust is still settling & there are so many uncertainties - but good to provide an alternative to our resident fear-monger here haha.
Let's see where the market takes us the next few weeks.
Edited by Tentative, 13 February 2022 - 06:01 PM.
Posted 13 February 2022 - 03:03 PM
The technical guys know exactly where the market is going and where buyers will show up again.
Nice clue was the JSE taking out the 27th Jan low on 2nd Feb and Franky didn’t……….Until Friday evening.
Keep manipulating me Mr. Market!
Posted 13 February 2022 - 02:13 PM
Did anyone notice the 9 % drop in tradegate at 2112h on friday? Wonder if there was some news, because there is no market manipulation so why did it drop testing the R4 levels!
Ukraine / Russia. Joey announced an additional deployment of US troops in Poland after the market closed. Tomorrow we will see how it reacts...
Posted 13 February 2022 - 11:24 AM
Thanks now I get it PIC will get money from the claims SNH is bringing aganst MJ tjommies in the UK in which case less money for existing shareholders.The Public Investment Corporation (PIC) briefed the Standing Committee on a mediation process between the Steinhoff Group and its creditors, including the PIC. It reported that Steinhoff had made a proposal involving funds from a third party known as “The White Knight”. The terms of this proposal remained strictly confidential.
https://pmg.org.za/c...-meeting/29507/
Edited by DayTraderDad, 13 February 2022 - 11:25 AM.
Posted 13 February 2022 - 10:38 AM
Yes why must it be a secret deal? what nonsense is this?. Such deals are always suspicious and worrisome.
The Public Investment Corporation (PIC) briefed the Standing Committee on a mediation process between the Steinhoff Group and its creditors, including the PIC. It reported that Steinhoff had made a proposal involving funds from a third party known as “The White Knight”. The terms of this proposal remained strictly confidential.
https://pmg.org.za/c...-meeting/29507/
Edited by Squideye, 13 February 2022 - 10:40 AM.
Posted 12 February 2022 - 07:48 PM
And don't forget there is a agreement reached between SNH and PIC which is secret to content of the deal was not disclosed!!!
Yes why must it be a secret deal? what nonsense is this?. Such deals are always suspicious and worrisome.
Posted 12 February 2022 - 02:30 PM
Last year, when Pepkor's manufacturing business opened a new factory in Cape Town, it dedicated two assembly lines just to flip-flops... @ https://www.news24.c...eakers-20220212
Edited by Squideye, 12 February 2022 - 02:32 PM.
Posted 11 February 2022 - 04:30 PM
methinks they have been in so much kak with their bad investment that they dare not vote against LdP.....he is the one that brought some returns back to them....they would be very nervous of letting him go....
And don't forget there is a agreement reached between SNH and PIC which is secret to content of the deal was not disclosed!!!
Posted 11 February 2022 - 03:49 PM
Haha yes they would also want to take part on SNH generosity!!!
methinks they have been in so much kak with their bad investment that they dare not vote against LdP.....he is the one that brought some returns back to them....they would be very nervous of letting him go....
Posted 11 February 2022 - 03:15 PM
A nightmare would be if PIC does not accept / support the proposed / existing management and insists on more BEEE candidates besides Hugo N.....
Haha yes they would also want to take part on SNH generosity!!!
Posted 11 February 2022 - 03:13 PM
Going to be interesting how many votes will be present with 30000 shareholders!!!
A nightmare would be if PIC does not accept / support the proposed / existing management and insists on more BEEE candidates besides Hugo N.....
Edited by Squideye, 11 February 2022 - 03:14 PM.
Posted 11 February 2022 - 02:18 PM
Going to be interesting how many votes will be present with 30000 shareholders!!!
I guess we can forget the "small" pocket money retail shareholders. If PIC takes part, they might have the majority votes at the AGM...
Edited by Squideye, 11 February 2022 - 02:19 PM.
Posted 11 February 2022 - 01:36 PM
VOTING - I suppose all Louis and Theo have to manage to inform the market a few weeks before the AGM that lower debt rates have been negotiated and approved,
and they can be sure of getting their intended bonuses approved...
Going to be interesting how many votes will be present with 30000 shareholders!!!
Posted 11 February 2022 - 11:22 AM
VOTING - I suppose all Louis and Theo have to manage to inform the market a few weeks before the AGM that lower debt rates have been negotiated and approved,
and they can be sure of getting their intended bonuses approved...